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Jason Zweig on Wall Street’s Big Lie -- Interview in Quartz

"Jason Zweig, who writes the Intelligent Investor column in the Wall Street Journal, is a distinct voice in the US financial press. Drawing inspiration from the value-investing principles developed by legendary American investor Benjamin Graham—and perfected by his pupil Warren Buffett—Zweig consistently urges investors to resist the temptations of chasing the latest market trends."

"I think the big lie on Wall Street and in the financial-advisor community is a sentence that begins kind-of like this: “You’re going to need to earn higher returns so we’re going to buy you some of these…” Well, it doesn’t matter what you need. You could need a 20% return, you could need a 15% return, you could need a 10% return, but the stock market doesn’t know and doesn’t care what return you need."

To Read The Interview: Quartz
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